Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
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Brookfield, Foxconn forge renewable energy partnership in Vietnam
2
Asia Digest: Green SM launches service in India; SG's Hello Ello taps Malaysia
3
US says BYD, Baidu, Alibaba and other tech giants are aiding China's military
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India Digest: BazaarNow raises $7.54m led by Peak XV; Tally Solutions invests in OTU
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India Digest: Ashish Dave launches Sanskrit Capital; Fusion Klassroom gets nod for IPO
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PE firms, strategic investors eye stake in Advantage Partners-backed Pharmaforte
Vietnamese financial services firm SoBanHang raises fresh funding
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
India Digest: Sindhuja Microcredit, Flo Mobility raise funding
Thailand’s KBank exits Vietnamese B2B startup KiotViet
Thailand
The airline has had acting CEOs since 2020.
Singapore
The bonds were part of a S$19b rescue package backed by Temasek.
Greater China
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Indonesia
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
India
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.